The chief investment officer of crypto asset management firm Bitwise says the industry needs a new selling point now that memecoins are losing mindshare. In a new interview with crypto influencer Scott Melker, Bitwise CIO Matt Hougan says that North korean hacking group Lazarus attempting to launder funds from the Bybit hack through memecoin platform […]
The post Bitwise CIO Matt Hougan Says Crypto Needs ‘Another Story’ As Memecoin Narrative Fizzles Out appeared first on The Daily Hodl.
A crypto whale is booking millions of dollars in losses after a long position on the Official Trump (TRUMP) turned against him, onchain data reveals. According to blockchain tracking platform Lookonchain, the whale liquidated his position in the TRUMP memecoin at a loss of $24.4 million. The blockchain-tracking platform says the whale acquired 763,582 TRUMP […]
The post Whale Dumps Entire TRUMP Position for $24,400,000 Loss During Price Crash: Lookonchain appeared first on The Daily Hodl.
President Donald Trump’s controversial memecoin launch in January could have catalyzed the recent Bitcoin (BTC) and crypto market peak, according to the macro strategist Jim Bianco. Bianco, the president of Bianco Research, tells his 443,700 followers on the social media platform X that Bitcoin hit its all-time high of around $109,000 in January, just a […]
The post Macro Strategist Jim Bianco Says President Trump May Have Catalyzed Bitcoin Price Peak With Memecoin Launch appeared first on The Daily Hodl.
Coinbase CEO Brian Armstrong says that memecoins are the canary in the coal mine, foreshadowing a broader trend of the tokenization of culture. In a new interview with CNBC, Armstrong says he expects memecoins to eventually lead to the tokenization of identities, votes and art. “Memecoins in the broadest sense, I think we should find […]
The post Brian Armstrong Calls Memecoins ‘Canary in the Coal Mine,’ Predicts Tokenization of Identity, Songs, Votes and More appeared first on The Daily Hodl.
Pro-crypto Hester Peirce, who serves on the U.S. Securities and Exchange Commission (SEC), is warning memecoin traders that they are on their own when it comes to losses. In a new interview on the Bankless podcast, Peirce, who is leading the SEC’s new crypto task force, says memecoins may fall outside the federal regulatory agency’s […]
The post SEC Commissioner Hester Peirce Tells Memecoin Traders Not To Expect Government To Make Them Whole appeared first on The Daily Hodl.
The volatile memecoin LIBRA was created by the same team behind US First Lady Melania Trump’s MELANIA asset, according to the blockchain analytics and visualization platform Bubblemaps. Argentinian President Javier Milei backed the launch of LIBRA, a token supposedly designed for “encouraging the growth of the Argentine economy.” LIBRA’s market cap soared to $4 billion […]
The post Argentina Memecoin LIBRA Created by Same Team Behind First Lady’s MELANIA: Bubblemaps appeared first on The Daily Hodl.
Insiders extracted over $100 million from crypto markets after Argentinian President Javier Milei backed the launch of a memecoin that was supposedly designed to support the growth of the country. In a now-deleted post, Milei announced the launch of LIBRA, a token designed for “encouraging the growth of the Argentine economy,” along with a Solana […]
The post Insiders Cash Out $107,000,000 in Crypto Before Memecoin Backed by Argentinian President Collapsed: Lookonchain appeared first on The Daily Hodl.
Attention in the crypto sector is shifting away from memecoins and moving towards large-cap layer-1 projects, according to the digital asset analytics firm Santiment. Santiment notes traders are more focused on Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Toncoin (TON) and Cardano (ADA), which the firm says suggests a healthier crypto market dynamic. “A shift in […]
The post Attention Shifting Away From Memecoins to Bitcoin, Ethereum, Solana and Cardano: Santiment appeared first on The Daily Hodl.
Changpeng Zhao thinks Binance’s crypto asset listing process is “a bit broken.” Zhao, who co-founded the exchange, recently took to the social media platform X to discuss Test (TST), a test token launched by the BNB Chain team for a tutorial video on how to create memecoins using its Four.meme launchpad platform. Binance recently listed TST, sparking […]
The post Changpeng Zhao Says Binance’s Listing Process Is ‘Broken’ Following New Memecoin Listing appeared first on The Daily Hodl.
A memecoin launched on the BNB Chain put up massive gains after top global crypto exchange Binance rolled out support for it. In a new announcement, Binance says that it is adding support for Test (TST), a test token launched by the BNB Chain team for a tutorial video on how to create memecoins using […]
The post Binance-Backed Memecoin Rips 1,267% After Crypto Exchange Announces Trading Support appeared first on The Daily Hodl.
